Korean Giants Forge $950B AI Alliance

Samsung, SK Group and Hyundai Motor Group expanded their artificial intelligence and semiconductor partnerships with US Big Tech firms to a combined $950 billion during the South Korean president's visit to Silicon Valley.

The agreements underscore Asia's accelerating push to dominate the next wave of AI development.

Meanwhile, Chinese tech firms gave a US congressional delegation the cold shoulder during a recent visit, reflecting Beijing's increasingly selective approach to AI diplomacy.

South Korea's largest bank also announced a payment service launch on JPMorgan's Kinexys blockchain platform.